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Ghana’s banking sector has continued its rebound, posting a significant jump in profits for the first eight months of 2025. Fresh data from the Bank of Ghana’s September 2025 Monetary Policy Report shows that the industry’s profit after tax climbed by 46.1% to GH¢9.7 billion, up from GH¢6.7 billion recorded during the same period last year. The report attributes the improved performance to growth across nearly all revenue streams, including interest income, fees, and other operating income. Notably, “other income” rose sharply by 47.3% in August 2025, a full turnaround from the 2.9% contraction seen in August 2024. Ghana’s reserves hit $12 billion as inflation eases to 9.4% in 2025 – Dr Asiama The sector’s net interest income grew 21.8%, reaching GH¢19.2 billion, largely due to reduced borrowing costs in the interbank market. Total interest income expanded 21.5% year-on-year to GH¢29.3 billion, while interest expenses increased to GH¢10.2 billion from GH¢8.4 billion, representing a 20.9% rise, slightly below the 22.1% recorded a year earlier. At the same time, net fees and commissions increased by 13.1%, a slowdown from the 22.9% growth recorded in 2024. Overall, net operating income surged by 28%, more than double the 10.9% growth posted in the corresponding period last year. Operating costs also moved up moderately by 19.5%, reflecting slight increases in staff and administrative expenses. However, the report noted a substantial reduction in provisions for depreciation, bad debts, and impairments, down 46%, compared with a 19.2% decline in 2024. The drop was largely attributed to higher recoveries and improved asset quality. The return on equity (ROE) rose to 32.2% in August 2025 from 31.4% a year earlier, while the return on assets (ROA) increased to 5.6% from 4.9%, underscoring the industry’s stronger balance sheets and sustained post-restructuring recovery. All you need to know about Ghana’s new vehicle number plates | BizTech
